Durham posts healthy profit 29/06/2010 |
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Durham County Cricket Club has reported profits of almost £200,000 for the last financial year.
The club has secured an Ashes Test in 2013 and has just signed a landmark six-year sponsorship deal with Emirates Airlines.
"Revenue from international cricket is, in the medium term, essential to all of the Category A venues of which the recently renamed Emirates Durham International Cricket Ground is one," said David Harker, Durham's chief executive.
"We are now seeing a recurring pattern where even the bigger, major city centre venues are losing between £500,000 and £1,000,000 in years without midsummer Test matches. This situation is only sustainable if clubs are able to retain sufficient income from Test matches in order to fund the costs of running such major venues in the lean years."
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